Henry Ford began the journey of Ford motors in the year 1903. Since the incorporation of the organization, Ford motors has grown to become one of the biggest players in the automotive industry. In the past 100 plus years, Ford has been successful pushing limits in automotive technology and in introducing cars that have gained the loyalty of millions of consumers.
FUN FACT!! The very first Ford sold was to Dr. Pfennig in 1903, for a grand total of $850. The “Model A” had a 2-cylinder engine and could reach a max speed of 30 mph
The popularity factor is not something that is new to Ford. In fact, in 1903, the first Model T was introduced that gained immense popularity. The demand was so high that the company had to get innovative with its mass production methods. In 1911, Ford went across the oceans and established a branch in Manchester, England. To meet the increased demand and need for quick production, Ford Motors changed history in the automotive industry by introducing the first moving assembly line at the Highland Park Assembly Plant in the year 1913. The first assembly line has 140 assemblers who worked along a 150-foot line to assemble the parts. By the 1920s, the company has over 20 overseas assembly plants across the world and was the largest automobile producer in America.
In 2008, when the three big automakers – Ford, General Motors and Chrysler were facing major financial issues, The United States government have to the rescue by providing financial aid through TARP (Troubled Assets Relief Program). Ford was the only organization that was able to survive the difficult time and did not file for bankruptcy. Since then the company has been steadily advancing and leaving its mark on the industry.
Since the turn of the decade, Ford has been investing in manufacturing fuel-efficient models. It has been successful in making cars that have high performance while at the same time being eco-friendly. Today, Ford is among the leading sellers for hybrid and electronic cars in America.
As of 2018, Ford has announced that it will be phasing out its passenger cars and focus on creating electric cars, hybrids, pickups, and SUVs. It is also working towards bringing advanced technology to make consumers’ driving experiences comfortable and luxurious. Ford will be bringing back the popular Ranger and Bronco beginning in 2019, along with a Diesel version of the F-150 truck.
FUN FACT! The only car that Jim Morrison, legendary Doors singer, ever owned was a Shelby GT 500.